As Americans hold tightly to their low mortgage rates, more than 90% of homeowners remain financially disincentivized from selling their homes, as it would cost more to borrow the same amount of money they owe on their current mortgage. A new study from First American dives into the situation.
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Rental Affordability Improves In Most Major U.S. Markets
August 2024 marks the 13th month of year-over-year rent decline in a row for 0-2 bedroom properties observed since trend data began in 2020. Asking rents dipped by $5, or -0.3%, year over year.The...
Homebuyers Experience ‘Frustration’ During Mortgage Process
“Borrowers don’t remember everything about the mortgage process, but the closing is our opportunity to leave a lasting impression,” said Stephanie Zinsmeister, EVP of Operations for AnnieMac Home...
The Week Ahead: Five Star Conference Kicks Off
From September 24-26, the 2024 Five Star Conference brings together leading subject matter experts, exhibitors, and thousands of professionals representing mortgage servicers, lenders, federal...
Honoring Those Opening the Doors to Home Ownership
At the upcoming Five Star Conference in Dallas, women in the mortgage space will be recognized with the Keys in Hand Award, an honor spotlighting those working to expand homeownership in America,...
Ranking the Fastest and Slowest Selling Housing Markets
The average time a home spends on the market is 35 days, but not all cities are moving at the same speed, as a new study details the nation’s hottest and slowest real estate markets...
Existing-Home Sales Retreat as Median Sale Price Jumps YoY
According to the National Association of Realtors, while existing-home sales dipped in August, existing-home sale prices increased year-over-year, continuing recent trends. The post Existing-Home...
Report: First-Time Home Buyers May Face Uphill Battle
Despite the recent dip in mortgage rates, NerdWallet reports that while home prices may be down from their 2022 high, prices are still out of reach for many first-time buyers. The post Report:...
Empowering Future Generations
At next week’s Five Star Conference, those women leaders in the mortgage space who have built diverse, high-performing teams, and have impacted the industry will be honored with the Leadership by...
Q2 Home Flipping Activity Slips
ATTOM examined trends in Q2 home flipping, as investment profits rose to nearly $75,000, despite overall activity dipping quarter-over-quarter. The post Q2 Home Flipping Activity Slips first...
Commercial/Multifamily Mortgage Debt Outstanding Shows Modest Climb in Q2
“We anticipate that long-term interest rates, which are significantly lower than a year ago, will help increase origination activity in coming quarters—boosting both new loans coming onto the...
Six Ways to Make Property Taxes Easier for Homeowners
Dustin Moore of CoreLogic discusses tips on how taking a multifaceted approach will make the tax experience smoother for all involved in the process. The post Six Ways to Make Property Taxes...
New Home Purchase Applications Boast YoY Gains
“Homebuyers, including a growing share of first-time buyers, continue to favor newly built homes, as declining mortgage rates in August contributed to the uptick in new home sales activity," said...
Fannie Mae Forecast: Existing Home Sales Near 30-Year Low
Although mortgage rates have dropped and supply has spiked in some areas of the nation, existing home sales are forecast to remain sluggish for the remainder of the year; however, Fannie Mae...
HUD Expands Affordable Housing for People With Disabilities
A new round of funding by the Department will create strategies and programs to help identify and refer low-income persons with disabilities to eligible homes and provide them with rental...
Honoring the Industry’s Rising Stars
At the upcoming Five Star Conference in Dallas, young women leaders who are driving progress will be honored with the Rising Star Executive Award. Meet the finalists for this award and find out...
Fed Cuts Interest Rate by a Half-Point
After four years of rate hikes and non-movement, the Federal Reserve has slashed the benchmark interest rate in a move that will boost purchasing power for potential homebuyers nationwide. The...
Homebuyers Seeking Connection to Community
According to a U.S. Surgeon General study on America's "loneliness epidemic," which found that 1 in 2 U.S. adults experience loneliness as a result of social separation, recent Century 21 data...
Where Is It Cheaper to Buy Than Rent?
As mortgage rates drop and affordability continues to improve, Zillow identifies the U.S. metros where buying a home has become more affordable than monthly rental rates. The post Where Is It...
Survey: AI Assisting More Than 30% Manage Their Finances
A new study by BMO Financial Group examines who is turning their financial and investment decisions over to artificial intelligence, and the reasoning behind these decisions. The post Survey: AI...
Sen. Scott Introduces New Comprehensive Housing Measure
New legislation seeks reforms across all segments of the housing market, with a focus on supporting families and communities. The post Sen. Scott Introduces New Comprehensive Housing Measure first...